SPDR Bloomberg Short Term International Treasury Bond ETF (NYSEARCA:BWZ) Sees Large Increase in Short Interest

SPDR Bloomberg Short Term International Treasury Bond ETF (NYSEARCA:BWZ) was the recipient of a large growth in short interest during the month of June. As of June 30th, there was short interest totaling 61,403 shares, a growth of 8,735.0% from the June 15th total of 695 shares. Approximately 0.6% of the shares of the company are sold short. Based on an average daily trading volume, of 208,347 shares, the days-to-cover ratio is presently 0.3 days.

SPDR Bloomberg Short Term International Treasury Bond ETF Trading Up 0.3%

BWZ traded up $0.09 during trading on Friday, hitting $26.82. 17,753 shares of the stock were exchanged, compared to its average volume of 101,754. SPDR Bloomberg Short Term International Treasury Bond ETF has a 1-year low of $26.56 and a 1-year high of $28.26. The stock has a fifty day moving average price of $27.02 and a two-hundred day moving average price of $27.27.

Hedge Funds Weigh In On SPDR Bloomberg Short Term International Treasury Bond ETF

A number of hedge funds have recently modified their holdings of the business. Allworth Financial LP purchased a new stake in SPDR Bloomberg Short Term International Treasury Bond ETF in the 3rd quarter valued at $51,000. Raymond James Financial Inc. purchased a new stake in shares of SPDR Bloomberg Short Term International Treasury Bond ETF in the second quarter valued at about $92,000. Fifth Third Bancorp purchased a new stake in shares of SPDR Bloomberg Short Term International Treasury Bond ETF in the first quarter valued at about $145,000. LFA Lugano Financial Advisors SA boosted its stake in shares of SPDR Bloomberg Short Term International Treasury Bond ETF by 12.6% during the first quarter. LFA Lugano Financial Advisors SA now owns 7,271 shares of the company’s stock worth $195,000 after buying an additional 814 shares during the period. Finally, One Plus One Wealth Management LLC acquired a new stake in shares of SPDR Bloomberg Short Term International Treasury Bond ETF during the fourth quarter worth about $266,000.

About SPDR Bloomberg Short Term International Treasury Bond ETF

The SPDR Bloomberg Short Term International Treasury Bond ETF (BWZ) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of investment-grade sovereign debt from countries outside the US with maturities between 1-3 years. BWZ was launched on Jan 15, 2009 and is managed by State Street.